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New Jersey S2545/A3793: Concerns Expedited Process for Foreclosing Vacant and Abandoned Residential Properties in Uncontested Actions
On June 8, NJ S2545/A3793 had a second reading and is under consideration in the State House. If enacted, the bill would amend P.L.2012, c.70 (Senate Bill 2156).
30 Jun 2015
FEMA Declared Disaster Arkansas
On June 26, FEMA issued a Presidential Major Disaster Declaration for areas in Arkansas as a result of severe storms, tornadoes, straight-line winds and flooding May 7 to June 15.
29 Jun 2015
FHA Releases Servicing Handbook
On June 24, the Federal Housing Administration (FHA) published its final Servicing and Loss Mitigation (Servicing) for Title II Forward Mortgages and the Servicer Tier Ranking System II (TRS II) sections of its Single Family Housing Policy Handbook.
26 Jun 2015
FHA Expands Opportunities for Reverse Mortgage ‘Non-Borrowing Spouses’ to Remain in Their Home
On June 12, the U.S. Department of Housing and Urban Development (HUD) published a press release announcing a revised policy issued by the Federal Housing Administration (FHA) under its Home Equity Conversion Mortgage Program (HECM).
24 Jun 2015
FHFA Releases 2014 Report to Congress
On June 15, the Federal Housing Finance Agency (FHFA) published a news release announcing the release of its 2014 Report to Congress.
24 Jun 2015
FHLMC Guide Bulletin 2015-09 Save Time, Save Money – More Options
On June 15, Freddie Mac released an update titled Save Time, Save Money – More Options with Guide Bulletin 2015-9.
24 Jun 2015
New My Home by Freddie Mac Website Provides Valuable Consumer Resources
On June 17, Freddie Mac released an update discussing its recently launched My Home by Freddie Mac website.
24 Jun 2015
VA Circular 26-15-13 Special Relief Following Typhoon Dolphin
On June 23, the U.S. Department of Veterans Affairs (VA) released Circular 26-15-13, subtitled Special Relief Following Typhoon Dolphin.
24 Jun 2015
VA Circular 26-15-14 Special Relief Following Oklahoma Severe Storms
On June 23, the U.S. Department of Veterans Affairs (VA) released Circular 26-15-14, subtitled Special Relief Following Oklahoma Severe Storms.
24 Jun 2015
VA Circular 26-15-15 Special Relief Following Texas Severe Storms
On June 23, the U.S. Department of Veterans Affairs (VA) released Circular 26-15-15, subtitled Special Relief Following Texas Severe Storms.
24 Jun 2015
Joe Iafigliola Sees the Future of Field Services
The June issue of Servicing Management featured an article by Safeguard Properties Vice President of Vendor Management Joe Iafigliola titled The Future is Now.
23 Jun 2015
Freddie Mac: IRS Rejection Messages Are a Reminder to Look Out for Fraud Red Flags
On June 11, Freddie Mac released an update titled IRS Rejection Messages Are a Reminder to Look Out for Fraud Red Flags.
23 Jun 2015
New York SB 4498: Provides for Summary Action to Foreclose Upon Vacant and Abandoned Residential Real Property
On May 6, NY SB 4498 was advanced to a third reading. If enacted, the bill would amend the Real Property Actions and Proceedings Law for an expedited procedure for abandoned property foreclosure for residential properties.
22 Jun 2015
Proposed New York Senate Bill S4781-2015
On April 15, NY S4781-2015 was introduced in the Senate and referred to the Housing, Construction and Community Development Committee.
22 Jun 2015
The Subprime Mortgage Crisis Wasn’t About Subprime Mortgages
On June 17, Fortune Magazine published an article discussing new research by Wharton School economists Fernando Ferreira and Joseph Gyourko that presents an argument against the idea that subprime lending triggered the financial crisis.
19 Jun 2015
Fannie Mae SVC-2015-09 Servicing Guide Updates
On June 10, Fannie Mae released Servicing Guide Announcement SVC-2015-09, subtitled Servicing Guide Updates.
19 Jun 2015